Archives for: "June 2010"

Wednesday morning market note: Private employment data damps bounce

Yesterday was a brutal day for the market, blasting through my first downside target of 10,000 on the Dow Jones Industrial Average and closing right at (just one point above) my second target of 1040 on the S&P 500. (To be clear, I didn’t… more »

Colorado political frustration

Is it just my jaded view or are we suffering from a serious lack of talent among those who manage Colorado political campaigns? I’m speaking in particular of the Republican side, since I don’t know the Democrats (and don’t really care… more »

Tuesday AM market comment

This morning, the stock market opened very weak following a major sell-off in Chinese stocks overnight. Just before the market’s opening, S&P 500 futures were down about 13 points, about 1.25%. The market weakened from there, and then was… more »

Kagan hearings begin in earnest

Yesterday, the Senate Judiciary Committee chaired by the far-left Pat Leahy of Vermont and with Senator Jeff Sessions (R-AL) as its ranking Republican, opened the hearings on confirmation of Supreme Court nominee Elena Kagan.  Each of the 19 committee… more »

McDonald v Chicago the right answer, but just barely

For my thoughts on why yesterday’s 5-4 decision in the McDonald gun rights case at the Supreme Court was correct but still troubling for our future, please read my article today at the American Spectator’s web site: See “The Second… more »

Clint Webb shows the true soul of a politician

H/T Keith D for bringing this great video to my attention If only all our politicians were this honest… (Start about 25 seconds in…) SHARETHIS.addEntry( {… more »

Political betting: Florida Senate race update

Of course, people always look for reasons to defend losing ideas, especially in trading.  If they buy a stock and it goes down, far too many people look for an excuse, a reason to buy more or to stay with a loser.  And while I’m pretty good about… more »

Martin Ginsburg, husband of Supreme Court Justice Ruth Bader Ginsburg, dead at 78

I’d like to offer my condolences to Justice Ruth Bader Ginsburg on the passing of her husband of 56 years, Martin, who died of cancer on Sunday. From what I read about Mr. Ginsburg, he seems to have been an interesting, smart, and funny guy, and… more »

Sarbanes-Oxley survives Supreme Court verdict mostly unscathed

Unfortunately, the Supreme Court’s ruling that part of the Sarbanes-Oxley Act is unconstitutional won’t be enough to take down the entire horrible law.  Please see my discussion of today’s Court decision at the American Spectator:… more »

Senator Robert Byrd dies at 92

Robert Byrd, the longest-serving member of Congress, became a Senator in 1959 and represented West Virginia with distinction, not least for the amount of pork he brought home to his state for which he was lauded with thousands of roads, bridges, under-… more »
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